Merrywell Christopher 4

What Happened
Christopher Merrywell, Senior Executive Vice President of Columbia Banking System, disposed of 3,230 shares on March 1, 2026. The shares were reported at $28.45 each, for a total value of approximately $91,894. The transaction is reported under code F, indicating the shares were used to pay an exercise price or satisfy tax withholding obligations (a sell-to-cover/withholding), not an open-market investment decision.

Key Details

• Transaction date: 2026-03-01; Reporting date (Form 4 filed): 2026-03-02 (timely filing).
• Price and amount: 3,230 shares at $28.45 per share — total ≈ $91,894.
• Transaction code: F — payment of exercise price or tax liability (shares disposed/withheld to cover taxes).
• Shares owned after transaction: not specified in the information provided in this summary.
• Filing timeliness: Filed the next day; no late filing flag indicated.

Context
When insiders exercise options or receive stock awards, companies commonly withhold or sell a portion of shares to cover taxes. These dispositions are routine administrative actions and do not necessarily signal the insider’s view of the company’s prospects. This filing documents a tax-related disposition rather than an open-market sale or purchase.